The story of this market
The typical home in ZIP 49701 sells for about $333,180, or $205 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $865 a month.
ZIP 49701 — Mackinaw City
The Mackinaw City housing market remains stable, driven by consistent demand for seasonal and vacation properties despite limited inventory. Prices have seen modest year-over-year growth, reflecting the area's unique position as a tourism hub. Market activity is currently characterized by longer days on market compared to urban centers, typical for this seasonal market.
This ZIP is best suited for retirees, seasonal residents, and hospitality-sector workers who prioritize proximity to the Straits of Mackinac and a small-town lifestyle over urban employment access.
Median prices moved up 2.4% year over year.
Homes spend a median of 88 days on market with 8.2 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 15.0% · poverty 16.7% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49701, Cheboygan County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Mackinaw City are generally low, consistent with small-town Northern Michigan, though seasonal tourism can lead to fluctuations in property-related incidents.
Public education is primarily served by Mackinaw City Public Schools, which maintains a small-district environment with a focus on community-integrated learning.
The area faces moderate risks related to severe winter weather and high winds off the Straits of Mackinac, with standard flood insurance requirements for properties near the shoreline.
The local economy is heavily anchored by the tourism and hospitality sectors, with limited industrial expansion and a focus on preserving the historic character of the Straits region.
Property taxes are levied by Cheboygan County and the local municipality, with rates determined by state-capped millage formulas and standard Michigan homestead exemptions.
Commuting is primarily local or regional via I-75, as the area is geographically isolated from major metropolitan employment hubs.
The area is a premier destination for outdoor recreation, featuring extensive access to Lake Michigan and Lake Huron, historic Mackinac Island ferry access, and numerous local parks and trails.
The rental market is heavily influenced by seasonal demand and short-term vacation rentals, which creates significant pressure on year-round housing availability.
The economy is dominated by tourism, hospitality, and seasonal retail, with the Mackinac Bridge and ferry services acting as primary economic drivers.
Transportation is centered on I-75 and US-23, serving as the gateway to the Upper Peninsula; public transit is limited to seasonal shuttle services.
Development is strictly managed to preserve the historic and natural aesthetic of the Straits region, with limited large-scale commercial projects.
The Cheboygan County Equalization Department oversees property assessments, utilizing state-mandated valuation methods.
Parcels are subject to local school district taxes and county-wide millages for emergency services and infrastructure.
Property insurance premiums are influenced by the area's exposure to severe winter weather and proximity to the Great Lakes.
Michigan is a judicial foreclosure state with specific statutory redemption periods for residential properties.
Michigan law requires sellers to provide a written disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mission Point Resort4.59.6 mi
- Audie's Restaurant4.31.9 mi
- Bière de Mac Brew Works - Restaurant, Brewery & Beer Garden4.61.5 mi
- Jack Pine Lumberjack Shows4.92.9 mi
- Mustang Lounge4.59 mi
- Wilderness State Park4.78 mi
- Headlands International Dark Sky Park4.81.6 mi
- Straits State Park4.76.5 mi
- Arch Rock4.89.8 mi
- St Ignace, MI4.76.8 mi
- Old Mackinac Point Lighthouse4.72.2 mi
- Fort Mackinac4.79.2 mi
- Mackinac Island State Park4.89.4 mi
- Wawatam Lighthouse4.77.3 mi
- Colonial Michilimackinac4.72.1 mi
- Wilderness State Park4.78 mi
- Headlands International Dark Sky Park4.81.6 mi
- Straits State Park4.76.5 mi
- Arch Rock4.89.8 mi
- Bridge View Park4.85.9 mi
- Pier M33 On The Cheboygan4.118.1 mi
- St Ignace Marina4.77.3 mi
- Jack's Mullett Lake Marina4.618.2 mi
- Bois Blanc Township Marina4.815.1 mi
- Public Beach Access4.80.9 mi
- The Mackinaw Club Golf Course4.63.3 mi
- Mackinaw Crossings4.51.9 mi
- Dollar General47.4 mi
- Krueger's Fish Market4.71.7 mi
- Manley's Fish Market4.78 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A premier stargazing destination located just west of the city.
Primary transit hub for tourism to Mackinac Island.
Historic site offering views of the Mackinac Bridge.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.